South America Acaricides Market - Growth, Trends and Forecasts (2017 - 2022)
Chemicals that are used to kill ticks and mites particularly are termed as acaricides. By keeping the animal and agricultural crop healthy, they help in increasing productivity of both the industries. The market for acaricides is a growing segment in the highly evolving animal husbandry and agriculture sector of South America. The market here is expected to grow at a CAGR of 4.8% in 2015-2020.
Both production and productivity demand for animal and agriculture based sectors, along with the growing crop protection market, are helping the acaricides market in South America. Regulatory and market developments have opened up new opportunities for acaricides in the region.
Product segmentation is being done based on product types, application types, mode of application and geography. Both animal and agricultural sectors together account for more than 60% of the market demand in South America. In crop protection practices, acaricides are used against phytophagous mites, pests causing economic injuries to agricultural crops and ornamental plants. In case of product type, while Organochlorine, Pyrethroid and Organophosphorous form majority of the share, natural acaricides would provide future growth potential due to increasing concern over environmental safety.
South American acaricides market is mainly split between two countries- Brazil and Argentina. They account for majority of the market share. The export-oriented animal sector market of Brazil drives the market demand for acaricides in the region.
Many global players that are trying to capture market share in the developing regions predominantly occupy South America. Major companies operating here are Syngenta, BASF, Bayer, FMC Corporation etc. Acquisition and collaboration with the regional players are the short term strategies carried out by companies in the region.
Market definition for the specified topic along with identification of key drivers and restraints for the market
Analysis for the South American acaricides market, with region specific assessments and competition analysis on a regional scale
Segment-level analysis in terms of application and end-user demand
Forecasts and estimations for the sub-segment level market
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a regional scale
Identification and analysis of the exogenous and endogenous factors such as macro and microeconomic variables that affect the South American acaricides market on a regional scale
Extensively researched competitive landscape section with profiles of key players along with their share of markets
A comprehensive analysis of recent organic and inorganic developments in the market by the major companies, and strategic benchmarking of developments
Scope of the Study:
Comprehensive overview of the acaricides market
Competitive intelligence regarding the major players in this industry and the strategies adopted by them
Insights about the major countries/regions in which this industry is blooming and identification of the regions which are untapped